What are the Stake Rewards or Staking?In easy Terms is the process where you keep your coins in your OK wallet and keep it open(online), your coins will start to "stake" (trying to solve blocks, like mining), meaning after some hours your wallet will start to mine for more coins according to the number of coins that you already have in your wallet, at different rates (% changes, like halvings ) and without the need for special equipment or high energy bills. You only need to keep the OKCash wallet running and some Coins in it to start earning more coins. (These nodes help maintain a decentralized, secure and fast network, hence why they get the rewards for trusting and supporting the network/project)

Technical Sustainability: In aims of improving the system, sustainability and reliability in OK, while at the same time respecting scarcity.

Okcash provides a solution to empower OK and secure LTSS, Bitcoin has LTPoW lasting till the year 2140,with this implementation; OK LTTS would be lasting at least to the year 2148, making it the best PoS partner for Bitcoin and MicroTransactions.

Economics: the 11 planned halvings will help stabilize the currency and appreciation as they kick in,There will be some halvings with a 4 years period that will start to give OK more predictability for markets,securing the trust of services and markets, after the 11th halving OK gets a fixated % (after year 2044*),this will normalize the OK coin's creation to grow in a constant and stable rate for the last 100+ years becoming the most secure, stable and mathematically predictable PoS coin with LTSS and scarcity.

Last OK coins to be PoS mined expected between years 2148 - 2188 depending on the % of Network Staking.

OKCash is a new Cryptocurrency that got released in November 2014. Since the start, OK has shown a unique interest in the end user and tried to make the coin accessible and easy to use for the community. The launch was a success and a lot of miners participated in the pools that were mining the coin.

The mining PoW process lasted 15 days without halving to make it fair for every miner no matter when they started with the coin. After these 15 days of mining, OKCash became a full Proof of Stake coin, fulfilling its goal of hybrid initial distribution. It started a new era in the cryptocurrency environment, where coins continue to be created and distributed via Proof of Stake, which is a more long-term sustainable system and much more energy friendly than Proof of work.

OKCash started a new tendency in the cryptocurrency world, by injecting a positive vibe into its design and code. A lot of new coins started to get created following these ideas and see OK as an example.

OKcash have been traded since Nov 2014 and the community continues to grow in all aspects, on social networks, in markets, in use, and with its in-house dedicated Devs, it's been building a solid decentralized infrastructure that's directly reflected in the coin's efficiency and speed, with presence in more than 42 countries. OKCash is one of a handful of coins that has not presented any issues with its blockchain, working perfectly since the day it was released.

The initial motivation behind OKCash was to create a really efficient and fast coin aiming to "improve things" or "make things better". After the success of getting added to the first exchanges, and with the community interaction and feedback, it was decided it was time for the coin to evolve and communicate the real philosophy behind its work. The community and environment itself were the driving forces behind this evolution, which is meant to provide end users "the community" with a cryptocurrency they can trust - with a name aimed for the mainstream - and with the following qualities: speed, efficiency and ease of use accompanied by a dedicated and personalized working design.

The "OK" name got selected to represent the brand as it reflects properly the coin's goals and attitude. OK is one of only 2 words in the whole world that requires no translation at all to be understood, giving it the potential for mainstream adoption without the problems of trying to integrate the new name to different cultures. "OK" is understood the whole world over.

OK reflects a positive outcome, speed, and empathy. Security and user experience are the first thoughts behind any update or code modification. The addition of the word "cash" was made to give it direct inclusion into the financial sector and to communicate the whole concept in a word: "OKCash".

Anybody who hears this word gets an overall concept or general idea of what it is about. OK is the technology while OKCash is the first application of this technology, being the coins we can send or put in our wallets for saving, spending or sharing.

OKCash has been referred to as "The future for Social Payments" and it has one of the strongest social presences in the cryptocurrency environment. You can actually send OKCash anywhere in the world by the easy use of the Discord and/or Twitter Tip bots. This makes it possible to send OK to anyone in the world, even if they have not yet installed and downloaded the OKCash wallet.

OKCash is also one of the few currencies that do not fight BTC. On the contrary, OK complements and supports Bitcoin and aims to create events around the world to teach people about cryptocurrencies such as BTC and OK: how they can get the advantages and how they differ from traditional fiat systems.

OK complements BTC, with its speed and Proof of Stake system OK works as a currency but also as an earning system. If you keep your wallet open, you gain a % of the coins you hold in your wallet as interest. This system incentivizes the network growth and security as well and is one of the key aspects of OK as it doesn't require special equipment. It is a more energy-friendly way to sustain the whole network, reducing the carbon footprint considerably against Proof of Work technology.

Since the start, OKCash has provided constant updates, a dedicated site for them and has delivered in time and form.

OK is the first cryptocurrency to hold cross-promotions between different cryptocurrency communities and everyone can visit and download the "ROKOS" project as well, a Raspberry Pi OS with full Bitcoin Graphical Client and node ready to plug and play, OK client/node ready for use, distributed for free by the OKCash Developers to support Crypto adoption and the integration of cryptocurrencies with the Internet of Things technology (IoT). Download ROKOS

The OK community continues to create giveaways for more crypto communities and constant contests with the addition of faucets and resources to give more users the chance to have fun and get to know, test and use OKCash (OK).

@Dev: In addition to this procedure, if one had config file, I suppose that should be renamed from Pimpcash.conf to OKcash.conf? Or the new wallet will recognize both names?Are you affiliated with OKPay payment system (okpay.com)..? I guess- not, but you could think about working with them, the names are really similar .

On different topic, I agree this Dev is great, very consistent and thorough in his work. Renaming the coin is a smart move, as it will broaden its audience (PIMPCash name was a problem with many people, including Bittrex staff).

@Dev: In addition to this procedure, if one had config file, I suppose that should be renamed from Pimpcash.conf to OKcash.conf? Or the new wallet will recognize both names?

On different topic, I agree this Dev is great, very consistent and thorough in his work. Renaming the coin is a smart move, as it will broaden its audience (PIMPCash name was a problem with many people, including Bittrex staff).Are you affiliated with OKPay payment system (okpay.com)..? I guess- not, but you could think about working with them, the names are really similar .

That is correct, if you have/use the .conf file this needs to be renamed from pimpcash.conf to okcash.conf, already added to the op.

We are not affiliated with OKPay, we will revise their system and check into this as suggested. Thank you

OK is open-source; its design is public, nobody owns or controls OK and everyone can take part.

While it is Mandatory (Added to op), we do keep track of the network nodes to make sure all the clients have updated before making the previous clients obsolete, providing a wide timeframe window for update in case of those users that get into a coin and then check back after long time, that way we prevent them from losing coins with the update like it usually happens in crypto. Our community and supporters are the first thought on every update to make it the easiest possible for them.

OK is open-source; its design is public, nobody owns or controls OK and everyone can take part.

Auto Tipbot added to IRC chann #okcash at freenode, to use just type !tipmehas no limits, enjoy the first Auto Tip Run and feel free to tip Scarlettt to give new users a chance.(be patient to wait in the long que users are making, everyone likes to play it)*If you break it you will have to wait some hours of cooldown time till Scarlettt gets back*https://kiwiirc.com/client/irc.freenode.net/#okcash

OKCash activated for use of the new C-cex merchants Api to sell their products for OKCash. (more info and coverage in the next days)https://c-cex.com/?id=merch